KraneShares Electrification Metals Strategy ETF (KMET)
KraneShares Electrification Metals Strategy ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $13.07, up 0.00% on the session, giving a market capitalisation of $2.6M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's manager seeks to achieve its investment objective by investing in futures contracts that largely correspond to those found in its underlying index. This benchmark is constructed to track the performance of metals essential for the global transition away from fossil fuels to renewable energy sources, achieving this exposure through metal futures. Investors should note that the fund is classified as non-diversified.
KraneShares Electrification Metals Strategy ETF is most often compared with the following Financial Services names: